![]() ![]() ![]() No monetary ceiling with respect to the GTI is applicable for donations made under Section 35 ac one can donate up to 100% of one's income under this section. Eligible projects mean such project or scheme for promoting the social and economic welfare of, or the upliftment of, the public as the Central Government may, by notification in the Official Gazette, specify in this behalf on the recommendations of the National Committee.If the NGO is recognized under Section 35 (i) (iii), that is, NGO engaged in scientific research, research in social sciences and statistical research, the donor gets 125% deduction of the sum donated for donations made from one's business or professional income. Any taxpayer being a Company or a person other than a Company can claim deduction under Section 35 ac.The claim for deduction should be supported by an audit certificate obtained from the approved NGO to whom the payment is made, in Form No.58A. ![]()
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